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Illinois · Nonprofit

NATIONAL RAILROAD HALL OF FAME INC

NATIONAL RAILROAD HALL OF FAME INC (Illinois) receives grants from 7 organizations whose IRS filings report $411,700 to it, the largest being VANGUARD CHARITABLE ENDOWMENT PROGRAM ($215,000). 3 of them have funded it in more than one year, and 83% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$954k
Funders on record
7
Grants received
$412k
Net assets
$743k
3/7 repeat funderspeak grant-dependency 18%
01What it does

What National Railroad Hall of Fame Inc does

Mission

For educational, civic and research purposes to establish and maintain anational railroad hall of fame for the suitable recognition of persons andentities who have been instrumental in the establishment and growth of therailroad industry.

As stated on its FY2025 Form 990.

Program

  1. For educational, civic and research purposes to establish and maintain a national railroad hall of fame for the suitable recognition of persons and entities who have been instrumental in the establishment and growth of the railroad industry.

    $398,522 spent$54,754 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $398,522.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($64k) Expenses 100 ($280k) Net assets 100 ($466k)2018 Revenue 298 ($189k) Expenses 69 ($193k) Net assets 98 ($456k)2019 Revenue 82 ($52k) Expenses 69 ($193k) Net assets 68 ($315k)2020 Revenue 75 ($47k) Expenses 58 ($163k) Net assets 43 ($200k)2021 Revenue 116 ($74k) Expenses 41 ($115k) Net assets 34 ($158k)2022 Revenue 220 ($140k) Expenses 51 ($144k) Net assets 33 ($154k)2023 Revenue 244 ($155k) Expenses 53 ($149k) Net assets 34 ($160k)2024 Revenue 490 ($311k) Expenses 51 ($142k) Net assets 48 ($223k)2025 Revenue 1502 ($954k) Expenses 155 ($434k) Net assets 160 ($743k)
'17'18'19'20'21'22'23'24'25
Revenue (1502)Expenses (155)Net assets (160)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $225k to $744k (+231%).

$474k
$462k
$328k
$222k
$174k
$158k
$164k
$225k
$744k
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2024 47% · 2025 19%. Grants only. Government contracts and fees sit inside program revenue.

92% of NATIONAL RAILROAD HALL OF FAME INC’s revenue is contributions — more donation-reliant than the typical peer (57% for the typical peer).

This organization
Typical peer · 24,946 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 9 reported years ran a deficit.

−$216k
’17
−$3k
’18
−$141k
’19
−$115k
’20
−$42k
’21
−$4k
’22
$6k
’23
$169k
’24
$521k
’25
21
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Julie King

Executive director

Board chair

Brian Peterson

Chair

As listed on its FY2025 Form 990.

2017201820242025
Listed16151313
Joined·+0·+0
No longer listed·1·0
03Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 1 funder to 3 funders, grant income rose $200 → $28k.

3 of 7 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 83% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of NATIONAL RAILROAD HALL OF FAME INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

NATIONAL RAILROAD HALL OF FAME INC leans on a few funders — its largest provides 52% of grant income and the top three 89%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

83% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund NATIONAL RAILROAD HALL OF FAME INC.

52%
largest funder
89%
top three
~3
effective funders

Largest funder’s share by year: 2018 100% · 2020 100% · 2022 100% · 2023 54% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

83% of NATIONAL RAILROAD HALL OF FAME INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $71k that is directly attributable, 57% of it comes from Illinois funders.

IL
IA
NE
TX

In-state vs out-of-state, by year

’18
’20
’22
’23
Illinois out of state home

Funder states come from each funder’s own filing. $341k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

NATIONAL RAILROAD HALL OF FAME INC runs a healthier operating margin than three-quarters of the 16,849 education nonprofits its size.

Operating margin55% · top quartile
Months of reserve20.5mo · top quartile
Revenue growth (annualized)40% · top quartile

this organization peer median middle 50% of peers· 16,849 education nonprofits $100k–$1M, FY2025

Organizations like NATIONAL RAILROAD HALL OF FAME INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Illinois

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

92% of spending goes to programs.

Program 92%Management 7%Fundraising 2%

Governance

12
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Public support

98%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

IL

Screen this organization

A dated, signed PDF of the compliance screen for NATIONAL RAILROAD HALL OF FAME INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds NATIONAL RAILROAD HALL OF FAME INC?
NATIONAL RAILROAD HALL OF FAME INC (Illinois) receives grants from 7 organizations whose IRS filings report $411,700 to it, the largest being VANGUARD CHARITABLE ENDOWMENT PROGRAM ($215,000). 3 of them have funded it in more than one year, and 83% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does NATIONAL RAILROAD HALL OF FAME INC have?
IRS filings report 7 organizations giving $411,700 in grants to NATIONAL RAILROAD HALL OF FAME INC, 3 of which have funded it in more than one year.
Who is the largest funder of NATIONAL RAILROAD HALL OF FAME INC?
VANGUARD CHARITABLE ENDOWMENT PROGRAM is the largest funder on record, with $215,000 in grants. The full list of funders is on this page.
How can an organization like NATIONAL RAILROAD HALL OF FAME INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds National Railroad Hall of Fame →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 7 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing